Harvest Fund Management Co. Ltd Takes $119,000 Position in Resideo Technologies, Inc. (NYSE:REZI)

Harvest Fund Management Co. Ltd purchased a new stake in shares of Resideo Technologies, Inc. (NYSE:REZI) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 5,166 shares of the company’s stock, valued at approximately $119,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Boston Partners increased its stake in shares of Resideo Technologies by 25.1% during the 4th quarter. Boston Partners now owns 9,797,883 shares of the company’s stock worth $225,865,000 after purchasing an additional 1,966,706 shares in the last quarter. State Street Corp increased its stake in shares of Resideo Technologies by 2.0% during the 3rd quarter. State Street Corp now owns 8,060,486 shares of the company’s stock worth $162,338,000 after purchasing an additional 159,069 shares in the last quarter. Pacer Advisors Inc. purchased a new position in shares of Resideo Technologies during the 4th quarter worth approximately $122,145,000. Geode Capital Management LLC increased its stake in shares of Resideo Technologies by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 3,363,750 shares of the company’s stock worth $67,759,000 after purchasing an additional 26,000 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Resideo Technologies by 6.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,645,390 shares of the company’s stock worth $37,926,000 after purchasing an additional 99,525 shares in the last quarter. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Resideo Technologies Stock Down 1.4 %

REZI stock opened at $17.85 on Friday. The stock has a market capitalization of $2.64 billion, a P/E ratio of 28.33 and a beta of 2.32. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. Resideo Technologies, Inc. has a one year low of $16.88 and a one year high of $28.28. The company has a 50 day moving average price of $20.63 and a two-hundred day moving average price of $21.88.

Resideo Technologies (NYSE:REZI) last released its earnings results on Thursday, February 20th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.08). Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. The firm had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.84 billion. As a group, sell-side analysts expect that Resideo Technologies, Inc. will post 2.13 EPS for the current year.

Resideo Technologies Company Profile

Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.